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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

FG urged to provide effective guidelines for SWF

Posted on 25 February 2013

A former Director in the Central Bank of Nigeria (CBN), Titus Okunronmu, on Saturday 2013 urged the Federal Government to provide effective guidelines for the take-off of the Sovereign Wealth Fund.
Okunronmu made this known in Lagos, saying there was the need for sharing formula guidelines to ensure transparency. According to him, states will not need the same amount of money at the same time, so the Federal Government needed to devise a way of meeting each state’s demand at different times………………………………………..Full Article: Source


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